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1 Chervonets Socialist Soviet Republic of Armenia - Erivan
| Issuer | State Bank of the Socialist Soviet Republic of Armenia |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 1 Chervonets |
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| Composition | Log in to see details |
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|---|---|
| Obverse lettering | ՀԱՅԱՍՏԱՆԻ ՍՈՑԻԱԼԻՍՏԱԿԱՆ ԽՈՐՀՐԴԱՅԻՆ ՀԱՆՐԱՊԵՏՈՒԹՅԱՆ ՊԵՏԱԿԱՆ ԲԱՆԿԻ ՊԱՐՏԱՔԻՐ 1923 |
| Reverse description | Olive-green on pale ground. A large central vignette presents an Armenian rural landscape with mountains in the background, cypress trees, grazing livestock, and figures in the middle ground, rendered in fine line engraving. The scene is framed by a geometric guilloche border with '1' numerals at left and right corners; Armenian inscriptions appear in panel above and below the vignette. |
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| Comments |
The Socialist Soviet Republic of Armenia existed as a nominally independent entity for only a brief window before formal absorption into the Transcaucasian SFSR in March 1922 — meaning this 1923-dated note was issued by an institution whose parent republic had, on paper, already ceased to exist. The State Bank continued operating under the Armenian SSR name into 1923 while Soviet administrative consolidation ground slowly through the Caucasus.
The chervonets itself was a hard-currency unit introduced across Soviet territories to stabilize exchange after the ruinous hyperinflation of the early 1920s. Regional emissions like this one were a transitional measure, quickly superseded by centralized USSR State Bank issue.